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Geopolitical and legal volatility accelerates for insurance buyers:Aon says
“Conflicts, supply‑chain disruption and sanctions exposure are testing policy language, capacity and claims assumptions simultaneously. Organizations that stress‑test their programs now will have far more options than those forced to react later, Joe Peiser, CEO of...
Legal heirs of doctor can be sued in alleged medical negligence case after doctor’s death: SC
“Nonetheless, in view of the preceding discussion and the statutory framework provided in the 1986 Consumer Protection Act as well as the 2019 Consumer Protection Act, we conclude that upon the death of the alleged medically negligent doctor, his/her legal heirs can...
Lockton appoints new CEOs for India and Malaysia
Jaideep Sharma has been appointed as new CEO for Indian market while Nicholas Lee as new CEOs of its Malaysian operations. Mumbai:Lockton, a global re/insurance broker, has appointed Jaideep Sharma and Nicholas Lee as new CEOs of its Indian and Malaysian operations....
DFS secretary reviews vision strategy of LIC and GIC Re
M.Nagaraju, Secretary, DFS Nagaraju underscored the need to expand insurance coverage to a wider segment of the population,advising that companies should prioritise inclusion of more individuals under the ambit of insurance rather than concentrating predominantly on...
Domestic demand lifts commercial vehicle sales in April, export pressures persist
Ashok Leyland reported total vehicle sales of 14,646 units in April 2026, marking a 9 per cent rise over 13,421 units in the same month last year. Domestic sales stood at 14,242 units, up 14 per cent from 12,509 units. New Delhi: India's commercial vehicle segment...
RBI and IRDAI not inclined to allow commodity derivatives, Sebi says
Tuhin Kanta Pandey,Chairman,SEBI In his statement on Monday, SEBI Chairman Tuhin Kanta Pandey added that India's pension fund regulator had also looked at allowing pension funds to invest in commodity derivatives, but did not disclose whether it had made a...
Washington’s ‘Project Freedom’ to steer foreign stranded ships to safety through Strait of Hormuz
US President Donald Trump "The Ships movement is merely meant to free up people, companies, and Countries that have done absolutely nothing wrong - They are victims of circumstance. This is a Humanitarian gesture on behalf of the United States, Middle Eastern...
Trump likely to reject Iran’s peace proposal
U.S. President Donald Trump The United States and Israel suspended their bombing campaign against Iran four weeks ago, but appear no closer to a deal to end a war that has caused the biggest disruption ever to global energy supplies, roiled global markets and raised...
New building norms to ease infra constraints, improve access to healthcare: NATHEALTH
Welcoming the government's notification of the National Building Construction Standards (NBCS) 2026, NATHEALTH said it eases long-standing height restrictions for hospitals and permits Intensive Care Units (ICUs) beyond 45 metres, subject to enhanced fire safety...
PSU banks looks to scale up IT spend in view of cyber threat posed by Anthropic Mythos
Mythos’ advanced coding capabilities give it an unprecedented potential to detect cybersecurity weaknesses and develop methods to exploit them, sparking concerns that it could be used to disrupt banking systems. New Delhi:Public sector banks are bracing up to increase...
Centre revamps Rashtriya Bal Swasthya Karyakram, adds mental health, NCD screening
Building on more than a decade of implementation, the updated framework broadens the programme's established "4Ds" approach -- defects at birth, diseases, deficiencies and developmental delays -- while incorporating emerging child health concerns, including...
New vehicle scrap norms may dent auto profits by Rs25K cr
"Once the environmental compensation (EC) cost is notified by CPCB (Central Pollution Control Board), automobile manufacturers may be required to make substantial cumulative financial provisions under the accounting standards (IND AS 37). Preliminary estimates...
Scindia launches nationwide mobile alert system for disaster emergencies
Jyotiraditya Scindia,Union Minister of Communications Cell Broadcast Solution (CBS) is a telecom-enabled public warning system that enables authorities to broadcast simultaneous, geo-targeted alerts to mobile devices within a defined area. Integrated with the...
Finance Ministry notifies 100 pc FDI in insurance sector, amends FEMA Rules
While 100 per cent foreign investment will be allowed in insurance companies and intermediaries, including brokers, under the automatic route, the cap is 20 per cent for Life Insurance Corporation (LIC), said the Foreign Exchange Management (Non-debt Instruments)...
FIIs offload ₹70,100 crore from Indian equities; DIIs steady markets
Domestic institutional investors (DIIs), however, remained supportive, investing ₹51,000 crore during the month and helping cushion the market from sharper declines. The same pattern was visible last week, with FIIs selling around ₹13,000 crore, while DIIs infused...
West Asia Conflict:Govt invokes force majeure, grants 4-month contractor relief
Under the revised guidance, contracts with completion deadlines on or after February 28, 2026, that have been affected directly or indirectly by the West Asia disruptions may be granted an extension of at least two months and up to four months, without any penalty or...
Aviation Insurance: A period of dynamic uncertainty
Despite the significant challenges, and elevated war risks for airlines and aviation infrastructure, discussions remained calm and assured, with insurers working closely with brokers and buyers to understand the steps that were being made to mitigate risk and protect...
FY27 kicks off strong for carmakers as auto sales hit 450K
The industry continued to benefit from the tailwinds of GST 2.0 carried forward from the second half of last fiscal, along with repo rate cut and income tax benefit, Maruti Suzuki India Senior Executive Officer, Marketing & Sales, Partho Banerjee said. New...